WNA Globe

World News by Wild Rose

#Labor Strike ร—

Why are nearly 50,000 Samsung workers about to strike in South Korea?

Workers' union says protest over bonuses will continue for 18 days.

Samsung unionโ€™s strike threat fuels fears of South Koreaโ€™s economic slowdown

Samsung Electronicsโ€™ biggest labour union is threatening to strike at the height of the global AI chip boom, turning a fight over bonuses into a test of how the industryโ€™s windfall profits should be shared and sparking fears of an economic slowdown in South Korea. The union has warned it will stage an 18-day walkout from May 21 to June 7, raising concerns about production disruptions, customer defections and wider fallout across the global technology supply chain. The dispute comes as demand for...